B2gold Corp. · TSX:BTO
B2gold — Investor Presentation (August 2020)
15 slides from B2gold's investor presentation, August 2020
Slide 1: A Low-Cost International Senior Gold Producer
ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE A LOW-COST INTERNATIONAL SENIOR GOLD PRODUCER August 2020 THE WORLD’S NEW SENIOR GOLD PRODUCER TSX: BTO NYSE AMERICAN: BTG NSX: B2G
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT 2 Tom Garagan, Senior Vice President of Exploration, a Qualified Person as defined by National Instrument 43-101, has approved the scientific and technical information concerning B2Gold Corp. ("B2Gold") discussed in this presentation. All amounts in this presentation are express
Slide 3: Mine & Project Locations
MINE & PROJECT LOCATIONS 3 1 1. Includes Anaconda Area
Slide 4: Corporate Overview
CORPORATE OVERVIEW 4 A Low-cost International Senior Gold Producer Successful history of exploration success, accretive COMBINED EXECUTIVE EXPERIENCE acquisitions, production growth and political risk management +260 YEARS of working together for Bema Gold and B2Gold Ongoing commitment to the highes
Slide 5: Managing Political Risk and Succeeding
MANAGING POLITICAL RISK 5 B2Gold’s Competitive Advantage/Keys to Success PROVEN TRACK RECORD B2GOLD’S GUIDING OF BEMA GOLD AND B2GOLD BUSINESS PRINCIPLES: MANAGING POLITICAL RISK FAIRNESS | RESPECT TRANSPARENCY | ACCOUNTABILITY AND SUCCEEDING IN COUNTRIES AROUND THE WORLD Always delivering on promis
Slide 6: COVID-19 Response Plan & Measures
COVID-19 RESPONSE PLAN & MEASURES 6 General Update B2Gold continues to monitor COVID-19 across its operations and has implemented measures consistent with the WHO/CDC and national health authorities’ guidelines and standards to ensure the health and safety of its employees In Mali, Namibia, the Phil
Slide 7: Occupational Health & Safety
OCCUPATIONAL HEALTH & SAFETY 7 Frequency Benchmarks & Performance Highlights: Consolidated Operations 2 92% reduction in lost time injury 1.8 frequency rate (“LTIFR”) 1.6 1.4 65% reduction in total reportable injury frequency rate (“TRIFR”) 1.2 (200 K hours) 1 87% reduction in injury severity 0.8 0.
Slide 8: Environmental Strategic Plan
ENVIRONMENTAL STRATEGIC PLAN 8 Energy & Climate Change Energy and climate change: • Continued implementation of renewable energy sources: • Otjikoto solar power plant: commenced operation in May 2018 • Fekola solar power plant: construction temporarily suspended – expected completion within six mont
Slide 9: Strong & Profitable Production Profile
STRONG & PROFITABLE PRODUCTION PROFILE 9 Annual Gold Production Growth (oz) Fekola Mine, Mali Attributable Production from Calibre Mining Corp. (“Calibre”) Otjikoto Mine, Namibia Consolidated all-in sustaining costs (“AISC”) /oz1 6 Masbate Mine, The Philippines 3 La Libertad Mine, Nicaragua El Limon
Slide 10: First Half 2020 Consolidated Results
FIRST HALF (“FH”) 2020 CONSOLIDATED RESULTS 10 Gold Production, Gold Revenue, Costs & Cost Guidance GOLD PRODUCTION: - CASH OPERATING COSTS3,4: Q1 2020 264,862 oz $415 (quarterly record) - $377 $455 $380 $385 $390 (/OZ) (/OZ SOLD) (/OZ SOLD) (/OZ PRODUCED) (/OZ PRODUCED) 2020 Q2 2020 FH 2020 Q2 2020
Slide 11: Consolidated Five-Year Outlook: 2020 - 2024
CONSOLIDATED FIVE-YEAR OUTLOOK: 2020 - 2024 11 Consolidated gold production averaging 950 Koz /y based on current operating plans1 AISC2 averaging under $825 /oz 2020/2021 operating plans include: • Fekola mining and processing expansion: expected to be fully commissioned by the end of Q3 2020 • Fek
Slide 12: Strong Financial, Liquidity & Cash Position
STRONG FINANCIAL, LIQUIDITY & CASH POSITION 12 Debt reduction in 2019: At June 30, 2020, the Company is in a net cash approx. $220 M position of $157 M with its cash and cash equivalents Total debt at year-end 2019: approx. $260 M1 of $628 M at June 30, 2020, exceeding its total debt balances of $47
Slide 13: 2020 Consolidated Guidance
2020 CONSOLIDATED GUIDANCE 13 Projected Gold Production, Costs, Gold Revenue & Cash Flows from Operating Activities Gold production1: Projected gold revenue3: 1,000 Koz - 1,055 Koz approx. $1.8 B Cash operating costs2: Projected cash flows from $415 - $455 /oz operating activities3: approx. > $900 M
Slide 14: B2Gold: 10-Year Share Price Performance
B2GOLD: 10-YEAR SHARE PRICE PERFORMANCE 14 vs. TSX Global Gold Index, GDX & the Gold Price 360% BTO 320% Gold Price TSX Global Gold Index 280% GDX Index +265% 240% + 200% 160% 120% 80% + +59% 40% 0% (18%) (18%) -40% Credit: Canaccord Genuity (August 21, 2020) Source: Bloomberg (April 23, 2010 –Augus
Slide 15: Contact Details
15 CONTACT DETAILS B2Gold Corp. Clive Johnson Suite 3100, 595 Burrard Street President, CEO & Director P.O. Box 49143 +1 604 681 8371 Vancouver, BC Canada, V7X 1J1 Ian MacLean Vice President, Investor Relations Tel: +1 604 681 8371 +1 604 681 8371 Toll Free: +1 800 316 8855 Fax: +1 604 681 6209 Kati